$460,000
SOLD NOV 25, 2024

1807 Wheats Valley Rd Bedford, VA 24523

64 Acres
$7,143 Price per Acre
2,805,264 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

8% Below List Price

12 Days on Market

Highlights

  • Barn
  • Stables
  • 64.4 Acre Lot
  • Big Island Elementary School Rated 9+

About This Lot

As of November 2024

Secluded 64 Acres that backs up to 3,172 Acres of National Forest! This property has it all from prime hunting, farming, trails and privacy to gorgeous mountain views. Currently being used as a mini farm with a newer 4 stall barn w/electric and tack room all fenced. Spring near the fence and several creeks on the property. More pasture land that can be easily cleaned up and used. Some older fencing and another barn. Chestnut log cabin would make a great hunting camp/getaway or with a little TLC, make this your forever home. Main part was originally built in 1879 but has since had a huge eat-in kitchen added. Home has a Trane heat pump, wood stove in the living room, another wood stove in master, full bath, laundry and two more bedrooms in the loft upstairs.

Last Agent to Sell the Property

Susan Jones

Long & Foster-Roanoke South License #0225052658 Listed on: 10/10/2024

Long & Foster-Roanoke South

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,141

Home Design

  • 1,424 Sq Ft Home

Schools

  • Big Island Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

  • Well
  • Septic System

Additional Features

  • 1 Full Bathroom
  • 64.4 Acre Lot
  • Barn
  • Stables

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 39-A-1

Property Details

Property Type

Land

Est. Annual Taxes

$1,141

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn, House, Stable
  • Directions: 460E, left on 221/Blue Ridge Ave, Left on N. Bridge St, Left on Longwood Ave, Left on Coltons Mill Rd to Wheats Valley. Property on the right.
  • Internet Providers: Verizon
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Farm
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rt of Way 50-59 Feet
  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Utilities

  • Utilities: Septic System, Well Exists

Schools

  • Elementary School: Big Island Elem
  • High School: Liberty High
  • Middle School: Liberty Midl
  • Junior High Dist: Bedford

Lot Info

  • Best Use: Current Existing, Farming / Crops, Farming / General, Farming / Livestock, Limited Residential, Timber
  • Acres: 64.4000
  • Lot Size Sq Ft: 2805264.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 39-A-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1141

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 8, 2024
Sold by
Rothgeb Landon C
Bought by
Tweedy Jason and Tweedy Bridget
Seller's Agent
Susan Jones
Long & Foster-Roanoke South
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%
Original Mortgage
$460,000
Outstanding Balance
$271,851
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$187,259

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 25, 2021
Sold by
Wheat Valley Llc
Bought by
Rothgeb Landon C
Seller's Agent
Wendy Witt
WENDY WITT REALTY CO
Buyer's Agent
Wendy Witt
WENDY WITT REALTY CO
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $460,000 None Listed On Document
Bargain Sale Deed $460,000 None Listed On Document
Warranty Deed $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 Construction
Closed $460,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $480,000 +4.3% $337 / Sq Ft
11/25/2024 11/25/24 Sold $460,000 -7.8% $323 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $499,000 +78.2% $350 / Sq Ft
06/30/2021 06/30/21 Sold $280,000 -13.8% --
05/20/2021 05/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $325,000 -- --
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $422 $278,500 $220,200 $58,300
2023 $1,142 $139,250 $0 $0
2022 $469 $46,850 $0 $0
2021 $469 $93,700 $39,700 $54,000
2020 $469 $93,700 $39,700 $54,000
2019 $469 $93,700 $39,700 $54,000
2018 $479 $92,200 $39,700 $52,500
2017 $479 $92,200 $39,700 $52,500
2016 $479 $92,200 $39,700 $52,500
2015 $479 $92,200 $39,700 $52,500
2014 $582 $112,000 $39,700 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 355130

APN: 3900000